Tag: investment
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MIT, Intel Corp. to Collaborate on Big Data Research
Massachusetts Institute of Technology will host a new Intel Corporation research center that studies techniques for organizing and making sense of the huge amounts of information generated by Web users and networked sensors. Intel selected MIT from 157 proposals submitted by 55 institutions. The challenge of big data, as this field is often called, has…
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Medical Device Company Lands $30M for Clinical Trials
Kona Medical Inc., a medical device developer in Bellevue, Washington, has secured $30 million in series C venture funds, the third financing cycle after initial start-up. The round was led by an undisclosed large-cap medical technology company, and joined by existing investors Essex Woodlands, Domain Associates, Morgenthaler Ventures, and BioStar Ventures. Kona Medical, founded in…
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Venture Fund Raises $50M for Cleantech, Materials Start-Ups
Pangaea Ventures Ltd. in Vancouver, British Columbia has raised $US 50 million for its Pangaea Ventures Fund III that aims to invest in early-stage cleantech companies using advanced materials technologies. Pangaea says the new investment fund expects to eventually raise $100 million. The limited partners in the fund are corporate and private-equity venture investors including…
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Circuit Manufacturer Acquires Wireless Network Developer
Silicon Laboratories Inc. in Austin, Texas has acquired Ember Corporation in Boston to supplement the Silicon Labs product line in low-power networking for home and business applications. The initial value of the purchase is placed at $72 million. Ember is expected to contribute $10-$12 million in revenue in the second half of 2012. Silicon Labs…
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$525M Venture Fund to Back Tech, Science Companies
The venture capital company Kleiner Perkins Caufield & Byers in Menlo Park, California has closed a $525 million venture capital fund for equity investments in early-stage green technology and life sciences, as well as digital enterprise companies. The fund, Kleiner Perkins Caufield & Byers XV LLC (KPCB 15) will be led by 10 of the…
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Semiconductor Venture Investment Jumps in April
Venture capital investments in semiconductor companies worldwide rose significantly in April 2012, compared both to March and April 2011. The Global Semiconductor Alliance in London compiles and publishes these statistics each month. The organization reports that semiconductor companies received $194.2 million in venture capital in April 2012, a 10-fold increase over March 2012, and more…
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Biomaterials Developer Lands $10 Million Series C Funds
Regentis Biomaterials Ltd., based in Or Akiva, Israel and Princeton, New Jersey, has secured $10 million in series C funds, the third round of financing after initial start-up. New investors Royal DSM and Crossroad Fund, and existing investors Medica Venture Partners, SCPVitalife and the Technion Investment Opportunities Fund contributed to the round. The company’s lead…
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Report: Investment Increasing In Water Technologies
A new report by the London Environmental Investment Forum says venture capital (VC) investors are showing more interest in technologies related to water used in extractive industries, such as oil, gas, and mining. The report, “Water Innovation in Extractive Industries,” can be downloaded from the organization’s Web site. London Environmental Investment Forum is owned and…
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Group Plans Increased VC Funds for Women, Diverse Start-Ups
A new program aims to increase venture capital funding for new start-up companies owned by women and diverse minority entrepreneurs. The Venture Capital Access Program (VCAP) is a partnership of the National Association of Investment Companies, Harvard Business School Alumni Angels of Greater New York, and the Marathon Foundation. Applications close on Friday 18 May.…
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UC-Davis Incubator Spins Off Audio Technology Company
The business incubator at the University of California in Davis engineering school says an audio technology company is the incubator’s first spin-off to gain funding and begin doing business on its own. Dysonics, founded by emeritus engineering professor Ralph Algazi and colleagues at UC-Davis, is commercializing research conducted in Algazi’s labs. Dysonics plans to develop…